Budgeting Case Study: Rima Soroka

About the Episode

Ilona Friedman of CD Wealth Management and her friend Rima Soroka discuss Rima’s experience with finances and budgeting.

About the Guest

More Insights on Budgeting

Read the Podcast: How to Plan for Your Children’s College

How to Plan for Your Children’s College

By: Ilona Friedman

June 17, 2020

A popular method for setting aside expenses for college in the future is through the 529 Plan, which is a vehicle in which you store your money that grows tax deferred. Any money you pull out comes out tax-free if it’s used for qualified higher education expenses.